COVID-19 Impact: Virus Blame Muddies China Trade
By Dan Kowalski
May 6, 2020
CoBank’s Knowledge Exchange division has just released its latest COVID-19 economic perspective by Dan Kowalski, vice president. In the video, Kowalski reports that as COVID-19 blame escalates between the U.S. and China, first quarter data reveals that agriculture exports to China are the lowest since 2007. This will make it all the more difficult to meet phase one agreement obligations for this year. On a better note, dairy futures prices for the fall months are looking up and the recent surge in crude oil and gasoline prices is boosting ethanol prices.
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